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PBS
Oct 5, 2012 6:30pm PDT
numbers showing there is a widening gap between rich and poor in this country, so the economy could definitely be an achilles' heel, and steinbruck might be in a position to exploit that. he certainly has a lot of financial expertise. the other possible weakness -- that ongoing euro crisis -- angela merkel will be in a tough spot if greece and spain are looking for further bailouts. euro policy also a possible area where she might be susceptible. it will be a very suspense- filled year. >> thanks very much for that. >> we turn to the u.s. now. there is good news this friday for the u.s. jobs market. the unemployment rate dipped below 8% for the first time in four years. >> right now, the figures are about a lot more than just the economy. with one month to go until the presidential election, they are all about politics. >> the latest job numbers were good news for u.s. president barack obama. for the first time since he took office, the unemployment rate fell below 8%. but his challenger, mitt romney, had a different take on the figures. he says they are actually a sign that things
PBS
Oct 8, 2012 6:30pm PDT
when the economy will start to get in gear again especially in countries like spain, italy, and france. it is why the introduction really did not inspire on the stock trading floors this monday. >> we will have more on the implications later in the show with reports on portugal and greece. for now, a closer look at the market numbers. the dax 1.5% down. stoxx 50 closing at 2496. the dow is down just a tad. the euro is trading to $1.2966. consolations between china and the u.s. have seen better days. the u.s. has released a report saying that americans have -- should not do business with communications companies. >> the report follows an 11- month investigation into two companies. >> legislators in washington fear foreign telecom companies could pose a threat to u.s. national securit. it says firms could use their business in the u.s. to install software to is by an ounce -- spy on u.s. infrastructure. they named two companies and they believe they should be wary of huawei and zte. the two companies deny the allegations and have the support of the chinese government. >> when chin
KCSMMHZ
Oct 12, 2012 2:30pm PDT
european economy for seven or eight years. the year also helped to tackle the financial crisis. >> is instability in the political system weakening the currency. what we need is a political union to overcome this and stability. >> shultz believes the future is in more europe rather than less, a stronger european and union and the commission will become a government in its own right with the european president and minister. >> can i guarantee my children the same quality of life i have today? i vision is yes. that's what i want. it will not happen if we split into separate entities. >> it is the members of big nations and the umpires that count. china, u.s., brazil, india, japan. >> this union needs the euro. if the single currency collapses it could have unforeseen problems they want to avoid. the eu is unlikely to abandon the euro anytime soon. >> europe has come a very long way in the last six years. >> the nobel committee said they wanted to focus not on the currency conundrum but on the six decades of peace and prosperity that europe has achieved. >> a united europe banned after d
KCSMMHZ
Oct 10, 2012 5:30pm PDT
this be having on the global economy? >> this is the continuous concern for us because food prices hit the poor directly and immediately. that is why we have already in the past three years put the food price as the highest priority to address. the policy for many countries in order for them to protect the poor is to build the social safety net. that is the first immediate response that needs to actually become the highest priority. the medium and long term is more how to invest more on increasing productivity and that has become a very tough issue because a lot of developing countries has not become organized. it will change the land for agriculture so irrigation, producttivity in seed and productivities is also needed. >> another thing we are seeing is high unemployment among the younger generation around the world. how concerned are you about this trend? >> we are very concerned. in fact the report this year is actually about job. in the next decade we need to create 600 million new jobs especially for a country with a younger demographic composition. like us here, subsahara africa,
KCSMMHZ
Oct 9, 2012 5:30pm PDT
meetings with little fanfare and little optimism. >> the world economy recovery continues, but it has weakened further. in advanced economies, growth is now too little to make a substantial dent in unemployment. >> reporter: colleagues cut their forecasts for growth worldwide to 3.3% this year. the recovery has suffered new setbacks, they wrote. and uncertainty weighs heavily on the outlook. >> you can call it a general feeling of uncertainty about the future. worries about the ability of european policy makers that control the euro crisis. there are worries about the failure of u.s. policy makers to agree so far on a fiscal plan. >> reporter: he ran through a list of challenges in developed countries. government spending cuts, a weak financial system, high unemployment. emerging economies such as china drove the recovery from the global downturn, but they have cooled off. >> clearly the downside if the global economy were to slow much more than expected, then additional policy measures will be needed. >> reporter: he said he was encouraged by the easy money policies of many banks and
KCSMMHZ
Oct 8, 2012 5:30pm PDT
grow to 3.6% next year. but still poses a threat to the global economy. >>> analysts a at the world bank have cut their forecasts for growth in east asia. they say china's slowing economy will have a weakening effect across the region. the bank's latest report projects 7.2% growth this year across 14 countries. that's 0.4 percentage points lower than the forecast in may. the region includes china but not japan. the report says china's domestic demand is sluggish and says europe's credit crisis has hurt exports throughout the region. world bank analysts say growth in east asia will rise to 7.6% next year. they say china will pick up steam and demand will grow in southeast asia. they're also being cautious. they know continuing risks to east asian economies. >>> members of the nobel committee have honored two men who they say revolutionized our way of understanding how cells and organisms work. shinya yamanaka proved cells can be changed into immature stem cells which can then be used to form all the tissues of the body. >> the nobel society has today decided to award the nobel prize
PBS
Oct 9, 2012 6:30pm PDT
grateful to -- the economy is shrinking at a rapid rate of 6.5%, so how are company's managing to keep their head above water at all? here is one example. and he urgently needs new foreign customers. domestic sales have collapsed by 80%, but the engineer is finding it harder than anticipated to do business abroad. right now, he is trying for a foothold in india. >> even the farthest indiana backwater we try to sell to has heard of the crisis. people get the information from the internet and local media. they hear about the crisis and naturally, they have reservations. >> hydraulic presses to form metal are just one of the products this firm turns out. he is sure his company will survive, and he is determined to become a poster child for the eu and imf's insistence on exporting, but he does not think many other creek companies will manage that. >> it is simply very difficult for a company to establish itself abroad on short notice. you have to set up offices there as well as a lot of other things. a lot of companies cannot do it that fast no matter how hard they try. they go bust.
KCSMMHZ
Oct 11, 2012 2:30pm PDT
finances. >> another blow for the eurozone's fourth largest economy. spain's credit rating has slumped to bbb-, one notch above junk status. the outlook remains negative. stated and poor's cited the lingering recession and high unemployment -- standard and poor's cited the lingering recession and high unemployment. >> we are adhering to our timetable and meeting our deficit targets. we will not change our policies or our targets. >> spain rejects imf's suggestions that it needs more time to stabilize its economy. some analysts say the delay in asking for aid is worrying markets. member the pressure to ask for a bailout is making the country suffered. nobody wants that. not germany, nor spain. that alone could put us closer to a bailout. >> the spanish government says it will consider applying for aid once it has explored all options and conditions. >> despite the bad economic news in europe, germany's traders were in an optimistic mood. we have this report from the frankfurt stock exchange. >> germany is getting prepared for economic weakness. in other places of the world, signs of rec
CSPAN
Oct 11, 2012 7:00am EDT
control. this debt not only hurts our economy today with the threat of higher interest rates and a losing a dollar and much higher tax rates. we know that we are giving the students here at this academy, our children and grandchildren, a lower standard of living. we've never done that in this country before. host: vice-presidential candidate paul ryan in new hampshire at a recent event. here's what you might hear from the vice-president joe biden at tonight's debate. this is from a recent campaign stop in florida. [video clip] >> there is no quit in america, folks. ladies and gentlemen, that's why i know i'm not the only one who was offended to hear governor romney write off nearly half the country is in his statement about 47% of the people being dependent. if you read the book congressman ryan has written with two other leading young members of the republican party, they talk about -- the title of the book is "young guns," and they talk about this culture of dependency in america without acknowledging that all those people -- of the 47%, 82% to pay federal taxes, the remaining 10
CSPAN
Oct 9, 2012 7:00am EDT
making the economy good for women and he cares that these past four years have been the most difficult on women. more women have become unemployed than men in the last four years. you also know that more women have fallen into poverty in the last four years. i know that we need to have women out there understand at thatmitt is a person cares and will work harder than anyone, that will be there, and he will not fail. host: the question is whether political spouses affect your vote. kathy in fort worth, texas, republican line. caller: good morning. my name is actually jackie. i am a mother. i'm not wealthy or educated. i went to high school. i have three sons and two grandchildren. i think it's wonderful to hear their spouse talk about them. it makes me see a different perspective in their personal lives. so i think it's good. host: what is it in particular that you like hearing from the wives of the candidates? is it their personal stories? is it them talking about their families or their professional experiences? caller: i think it is so important when a white support her husband and s
CSPAN
Oct 10, 2012 7:00am EDT
economic growth and a terrible economy. the way you get the poor off the rolls is to get them a job. this president has done a terrible job in that regard. host: next phone call john republican. caller: he says, there's no reason to build roads in the suburbs when they put it in the cities. guest: sir, i'm not aware of that. you maybe referring to oneqrnsñf the transportation bills that passed. you confess that the funding mechanisms for those projects are very complicated. i'm not sure that i can be much help in your question. host: cleveland, ohio, democratic caller. caller: all you republicans keep saying the obama economic program didn't work. what happened, kennedy died, there was no control of the senate, you republicans filibusterrered 275 bills in 2010. they effectively killed the total obama economic agenda. we've had over the last four years the republican austerity. the vets jobs bill was filibusterrered. four republicans crafted the bill and when the bill came to the floor, 58 members on the floor, 42 republicans voted against it. the bill was killed. they did that 276 times
CSPAN
Oct 13, 2012 7:00am EDT
more on foreign policy -- i wished there would have been more on the economy and jobs. that is what you are looking for? caller: yes. and i think joe biden did a great job. host: what about martha raddatz 's style? caller: they did not go overboard. like the first debate. she kind of maintained it very well. host: on our line for republicans, walter, from indiana. caller: good morning. i do not know what the first color was watching. it was a circus. she of no control whatsoever. i find it interesting that all five people that are going to the question and answers for these presidential debates, none of them are conservative, none of them are republicans. so i already have my defense up, my guard up, singing, watching this. what they should do is have a mixture of a few republicans, conservatives, democrats. but to have control of the debate and to what joe biden -- he looked like he was off of his medication with his facial expressions and rude interruptions. i think they need a debater that will be fair and balanced on either side, that takes control of the issues and says cannot
CSPAN
Oct 8, 2012 7:00am EDT
the economy is a top issue, you run into a risk of focusing on too many items as opposed to jobs and economic issues. host: there will also be a foreign policy debate coming up on october 22. is this a sort of preview of that debate? will this be a preview for the obama camp to see what they will be talking about, coming up? caller: it will be a chance for governor romney to do a preview, yes. the thing that i think occurred many times before, romney camp -- came out and named a lot of these things fairly forcefully. from what we saw yesterday, this will be an even stronger reputation of his view on those issues. getting out on the campaign trail at these paul ryan events, particularly when it comes to the issue of things like foreign aid and how this country deals with the resources when it comes to other places, we do not exactly see that relationship being reciprocal. it is something that has gotten a surprising amount of attention on the trail over the last few weeks. it could be an area where the mitt romney campaign is looking forward as they decided to hold this speech. ho
CSPAN
Oct 7, 2012 7:00am EDT
economy to frame their vision for the future and what they would do for the american dream. we saw a jobs numbers that showed an unproven unemployment rate. we would like to hear your opinions. has the american dream been downsized? you can also share your opinion on social media. send us a tweet by writing @cspanwj. you can also join the conversation on facebook. or you can e-mail us. the front page of "the washington post"looks out with the call life of a salesman. he always finds to -- he always seems to find optimism in the worst of circumstances. here is another chance. the story profiles this man building and installing pools. how he had to downsize his business, cut employees, and work even harder to find jobs. let's take a look at the content. it says -- what do you think? has the picture of the american dream changed? national journal took a look it how americans are perceiving the economic situation right now, not just on a national level but on the personal lives, too. in a heartland poll, it says -- jumping into the story it says -- it looks like the poll. mixed emotions
CSPAN
Oct 6, 2012 7:00am EDT
hundreds of jobs. i just got a job so i believe the economy is getting better. host: you start a job on monday? what kind of industry? caller: it will be in health care. host: what does that mean? caller: where they deliver medical supplies and you take them to the hospital for distribution and delivery. host: what kind of money we make now compared to what you made in the past? caller: is not a pay cut but it is safe -- it is not a big pay cut, but it is a pay cut. host: so it's full-time work? caller: yes. host: what are the benefits like? caller: decent. host: you start monday -- john, tallahassee, florida is up next, hello. caller: hello, how are you doing? host: fine, thank you. caller: when you take all the jobs overseas, we cannot go overseas and work. that means someone will be unemployed. i think we need to make a demand of the entire planet and work towards creating the supply. i also think they should focus more on helping the small businesses -- financing small businesses which is creating more jobs than big business. i also would like to say that there is a lot of repetitio
CSPAN
Oct 14, 2012 7:00am EDT
obama's economy. demand better, restore our future. host:pro-romney pac ad. we have a democrat next. are you with us? you are on the air. caller: i think one of the problems is that what -- a lot of the as to not tell us the ingredients that these politicians are offering. what is inside the economic package? what is really inside the international relations package? in other words, they don't -- really tell us what the effect is or will be upon american society during the next four years. if i buy a product, i want to know what the physical effect will be. if i vote for a politician, i should know how their programs will really be set up. it should be consistent. but they are with she washy and go back and forth. host: thank you for sharing. you can join the facebook conversation -- john atlanta, georgia, republican, good morning. caller: i think they ads work pretty good. they would do better if they have more substance. i consider myself a 47 percenter but obama says he will take care of the poor but why did the first money out of the stimulus go to nancy pelosi's swamp rats? i would
PBS
Oct 14, 2012 1:00pm PDT
. catalonia is an important driving force in the spanish economy, but an increasing portion of the population believe they would be better without madrid. >> team work -- that is what matters most in the textile, probably the most famous catalonian tradition these human pyramids can be more than 15 meters high, a test of courage for the youngest climbers. various groups are taking part in the competition on barcelona 's main square. this is an occasion where cattle lands revel in their ethnic pride -- or cattleman's -- where catalans revel in their ethnic pride. this year, a new cry can be heard -- "independence." >> spain has ruined us. spain does not respect our culture or our language. this has to stop. our people have tried everything to get along with spain, but ultimately, we had to reach the decision to found a state of our own. >> the regional government of catalonia has voted to bring forward elections to the end of this november. the incumbent president hopes to achieve an absolute majority. one goal of his liberal nationalist party is a popular referendum on catalonia an
KCSMMHZ
Oct 9, 2012 9:30am PDT
a turbulent time politically and economically. lithuania had to make the leap to a market economy and develop new sources of income. the koreans that, for instance, was great for tourism, but a legal fight today shows lithuanians still has a long way to go in its attempt to shake off the coast from its post- soviet past. >> a summer paradise could soon become a nightmare. she practices piano as her parents said in a garden. 10 years ago, the family made her lifelong wish come true. they built a summer home on the crony and spit. now, the wood frame house is to be torn down. authorities say it was built illegally. >> we had all the permits when we bought the house. signatures from every relevant authority -- the notaries and the bank checked it all. we had to get a mortgage using our assets as collateral. five years ago, we suddenly received news that there was a court case against us. >> other homeowners are suffering a similar fate. the homes are nearly all new, and all had building permits, which is not always the case in lithuania. apparently, the authorities allowed constructi
CSPAN
Oct 12, 2012 7:00am EDT
the economy and create jobs. it's a plan estimated to create 7 million jobs. we think that the government taking a 28% of a family or business. income is business president obama thinks the government ought to be able to take as much as 44.8% of a small business's income. if you tax every person and successful small business making over to hundred $50,000 at 100% it would only run the government 90 days. we would still have a $300 billion deficit. there are not enough rich people to tax to pay for all of their spending. watch out, middle-class, the tax issues are coming to you. host: joseph is in our jacksonville, florida line, in support of president obama. caller: good morning. i enjoyed the debate. several things caught my eye with vice president biden's. he did a lot of laughing and smirking. some of it was called for and some was not. going back to last week, watching romney tell those untruths, i believe he had to do some of that because the only thing paul ryan was doing was complementing what romney was doing, which was lying. so i believe biden had to interrupt because
LINKTV
Oct 11, 2012 11:00am PDT
today is beginning to court the global economy throh e sale ofydroeltric power. geof its indigenous tions wd its natural environment. the mekong river traces an 1,100-mile path through or along the border of laos. the river has also been a barrier between laos and its neighbors. now there is a road, where before there was none. in 1994, the friendship bridge gave laos its first land link with the outside world, through thailand to the west. the bridge may symbolize a connected future, but laos in the here and now remains among the poorest countries in the world. ( rooster crows ) it is the least developed country in the lower mekong basin. life expectancy is low, about 53 years. ( rooster crows % of cn e ourished. the potential changes brought by economic development are enormous. the soil here is rich and fertile. laos remains a largely agrarian society. lowland peoples practice wet rice farming. the capital, vientiane, has a population of just half a million. the rest of the 5½ million laotians are spread over 155 million square miles of land. it'she sonlowestpulaon dena aand the
NBC
Oct 14, 2012 5:30am PDT
handles the economy. >>> no act. it is a familiar face with an important concern. my conversation with matt damon about cleempb water around the world. >>s this the place where i feel i can have the biggest impact on people's lives. >> the "wall street journal report" begins right now. >> we will have that in a minute but first bill griffeth with a look at the headlines. bill? >> here's what is making news as we head to a new week on wall street. the earnings season is upon us with mixed expectations. so far, that's what companies have been delivering. for example, financial giant jpmorgan chase beat estimates turning in a record profit. it sate housing has turned a corn canner. wells fargo beat expectations but fell short on the revenue side. industrial company alcoa met estimates but lowered the forecast citing slowing global economy and demand for aluminum. an ugly week for the markets. by thursday the dow was riding a four-day losing streak and the nasdaq had the first five-day downturn in three months. the markets were then mixed on friday. meanwhile, america's trade evidence wide
FOX News
Oct 13, 2012 11:00am PDT
the american peel right now, primarily being the economy. they were not given the opportunity to do that. and the reason they weren't is because of the way joe biden behaved during the debate. i think he's going to cost the obama campaign long-term among undecided voters. >> any obligation here, bill, on the part of the moderator? i hate to pick on the moderator but you are supposed to make sure people can at least hear when they say. >> i don't think she's biased, i think some people say that, but i much prefer the first format because i found disconcerting part what dan said, but partly they were debating with martha raddatz, one person, rather than debating with one another and the american people. if you look at the split screens, they weren't looking at each other. i would rather the issues to be debated be decided less by one newspaper person or one tv reporter than by the candidates themselves. >> it's not a press conference, it's a debate. >> right. much more on this week's vice presidential debate when we come back. plus a look ahead to tuesday's obama-romney rematch. expec
FOX News
Oct 13, 2012 8:00pm PDT
have a look at the debate on the economy. >> by the way, they talk about the great recession like it fell out of the sky and oh, my goodness where did it come from? it came from this man voting for two wars on a credit card and prescription drug benefit on the credit card and trillion dollar tax cut for the wealthy. i was there and voted against them and said no, we can't afford that and all of the sudden they are seized about the debt they credited. >> joe and i are from similar town. he's from scanton, pennsylvania and i am from janesville, wisconsin. you whan the unemployment rate is. 10 percent. you know what it was when you came in 8.5 percent. >> did biden turn the tables and put the focus more on romney's agenda. >> paul ryan didn't get much much a chance to put it on biden for anything. and now look. he did go out there and he tried to the extent while he was dodging the kitchen sink to put information and continue to further the romney agenda for a positive vision for the economy but he didn't get a big chance. romney will have to be aware of and get ready as he move in the
CNBC
Oct 7, 2012 7:30pm EDT
unemployment rate fell to 7.8%. the best number since january of '09. the economy created 114,000 new jobs for the month in line with what economists were looking for and job creation numbers for the two previous months also revised upward. after a mixed start to the week the markets bounced back after positive economic data and what some called a romney rally following the presidential debate. the market was mixed, though, on friday. the auto sales are powering on an annualized basis, auto sales hit 15 million units, the best number since march of '08. gm and ford posted flat numbers but chrysler, toyota and volkswagen were strong. >>> a major milestone for facebook. the social network surpassed the 1 billion user mark for the month of september. ceo mark zuckerberg made the announcement this week. the company stock is down from its share price earlier this year. >>> there's no such thing as a foolish question about money, the markets or the economy. so says my next guest tom gardner, ceo of "the motley fool." tom, good to see you, thank you for joining us. >> good to see you, maria.
CNBC
Oct 14, 2012 7:30pm EDT
book about president obama? rare access to the president and how he handles the economy. a familiar face and concern. my conversation with matt damon about clean water around the world. >> it eeps the place where i feel i can have the biggest inl pact on people's lives. >> wall street journal report begins right now. >> the wall street journal report, now, maria bart row know. >> we'll have all that in a minute. first, bill griffith with a look at the headlines. >> here is a look at what's making news on wall street. the all important earnings season is upon us here with mixed expectations. so far, it's what companies have been delivering. jp morgan chase turned in estimates. housing turned a corner. wells fargo beat expectations but it fell short on the revenue side. alcoa lowered the forecast citing slower economy. by thursday, the dow was riding a four-day losing streak and the nasdaq had the first five-day downturn in three months. america's trade deficit widened in august as exports fell to the lowest level. $44.2 billion in august, an increase of 4.1% in july. it could be a si
FOX News
Oct 6, 2012 11:00pm EDT
obama as the alternative. he took a sledgehammer. they can't run on the economy, on the president's legislative record, people don't like it. now they're going to go straight after his character, suggest he has a credibility issue, call him a liar, say that he's a flip-flopper and that's where they'll go for the rest of the election. >> kim is touching on a really important point, which is fear is such a big part of the obama campaign. i mean, he is trying to gin up fear for people who, you know, you have 23 million people out of work and tell them, by the way, this guy is going to take away any chance for health care? >> when romney comes in and looks like he's a reasonable guy, a competent fellow, he's not scary and talks about his medicare plan in reasonable terms. >> and that's what i mean. >> you blow up the fantasy, the caricature, rather, of how he's been portrayed and i think that helps. >> that's why the debate was so damaging for obama. >> are we going to see a movement in the poll, dan, as a result of the debate. >> i think we'll see some movement and romney will get a bu
FOX News
Oct 14, 2012 3:00pm EDT
. >> i've now been in 57 states. >> so candidates try to stick to the script. >> for an economy that's built to last. >> for an economy tha
KCSMMHZ
Oct 12, 2012 5:30pm PDT
officials of the eu and other organizations to push back a deadline by two years. he said the greek economy is likely to shrink next year for the sixth year in a row. he says more austerity would throw the economy off balance. greece's unemployment up 25% in july. he said governments will privatize state-run firms to revive economy and create jobs. >>> the u.n. and arab league peace push is back in the middle east. to try to find a revolution with the syrian war. he began by meeting king abdullah. he is believed to have asked the king not to intervene excessively. supporters and opponents of syrian president bashar al assad are fighting in cities of aleppo and homs. landed in a town in turkey and killed five people. turkey's troops have retaliated by firing into syria. to continue his tour in turkey and egypt. he hopes to go to syria next week and meet president assad. >>> now here's the three day world weather forecast. >>> that concludes this edition of "newsline." i'm keiko kitagawa in tokyo. thank you for joining us. .
KCSMMHZ
Oct 5, 2012 5:30pm PDT
economy is. so i think the -- this will not be the decisive factor in the election. >>> japan's imperial family may be in for big changes. have to give up their titles when they marry commoners. government leaders are worried that the family could eventually become too small. so they're studying the pros and cons of letting imperial daughters keep their status when they tie the knot. government leaders asked experts to propose ways to stop the imperial family from slihrinkin. for those to start their own branches of the family. they say they need to consider whether they would consider on the husbands and children. some others offer another approach. the suggest making imperial daughters leave the family but carry on performing official duties. more than 1/3 of the imperial family members are young, single women. the emperor's only grandson was the first male child in 41 years. the emperor is gravley concerned about the prospect of a shrinking family. government leaders plan to find out what ordinary citizens think. >> translator: we'll spend at two months gathering opinions. th
Search Results 0 to 43 of about 44 (some duplicates have been removed)